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Name of the Post Office\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026. Type of Account: SB RD TD MIS SCSS PPF SSA KVP NSC, Others\u2026.. (1)I/We hereby submit pass book and apply for closure of my above mentioned account matured on_________________.
Withdraw cash from your usual bank account using your card. Pay cash into your usual bank account using a card or paying-in slip. Check your bank balance using your card. Deposit a cheque using a paying-in slip (though Nationwide customers can't do this)
Funds can be transferred using below options: From your POSB account to self or third party POSB accounts using the option Initiate Funds Transfer within DOP. From your POSB account to other bank accounts through NEFT or RTGS using the option Funds Transfer To Other Bank.
Post Office Visa Debit card Your new card allows you to access money from your current account, as well as other great benefits including greater convenience, added security and Contactless technology.
Bank vs Post Office While post offices have been there to provide mailing services and handle people's and governmental mails, letters and envelopes along with parcels, banks have been used for banking services such as deposit and withdrawal of money apart from loans and mortgages.
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1.1 You can withdraw your money from your account at most Post Office branches and at any cash machine which is part of the Post Office branded ATM network by using your card and entering your PIN into the PIN keypad.
To close the account, you'll need to collect a P6703 account closure form from your local Post Office, or you can call the Post Office contact centre to send you one. They can also help you fill it in. When you've completed the form, take it back to your local Post Office for someone to check it and send it on.
Post Office Card Accounts are to be extended for another year in order to safely move existing users over to traditional bank accounts or a new Payment Exception Service.
The Department of Posts permits the account holders to close their recurring deposit account prematurely after three years of the account opening date by submitting an application form called 'APPLICATION FOR PRE-MATURE CLOSURE OF ACCOUNT' to the concerned post office.
About 6,800 Post Office card account customers, who receive tax credits, Child Benefit or Guardian's Allowance payments, need to transfer their account by 5 April 2022 to continue receiving their money without interruption. HMRC is stopping making payments to Post Office card accounts from 6 April.